0.82% Spike in IREDA Share Price, Should You Buy or Sell? Check Recommendations

Indian Renewable Energy Development Authority Ltd, or IREDA, Share Price is in the news. The company reported 27.97% growth in total income, but operating profits and PAT are down. Should you buy, hold, or sell? Let’s check the company’s financials, recent news, target prices, and recommendations.

IREDA Share Price in The Market Today

As of today, IREDA Share price is at Rs 150.00. That is 0.82% up since the market opening, and touched a high of Rs 151.99. The current UC limit is at Rs 163.65 and the LC limit is at Rs 133.90. The total market capitalization of the company stands around Rs 42,130 crores.

Company Financials

The company has released its Q1 results already. It shows a 27.97% jump in total income to Rs 1938.11 Crores. However, operating profits were down by 35.01% to Rs 335.72 Crores, and PAT or Profit after tax has also fallen by 35.66% to Rs 246.88 Crores. Operating margin for Q1 stood at 17.32% which is also a decline of 49.22%.

Recent News About IREDA

• IREDA held its 38th Annual General Meeting on August 7, 2025. There, CMD Pradip Kumar Das outlined a long-term roadmap focused on expanding into sectors like Green Hydrogen, E-Mobility, and Ethanol.
• The company also announced a major change in management on 14th August 2025. Shri Bhagirath Siyag has been appointed as General Manager of Projects.

IREDA Share Target Price

As one of the popular stocks in the market, IREDA has multiple target price suggestions from financial institutions and analysts. Anand Rathi, a leading brokerage, suggested Rs 265 target price. Consensus analysts are suggesting Rs 173.

Recommendation on Buy or Sell

According to the moneycontrol website, 50% of the analysts suggest buying the IREDA Share Price. The rest, 50% suggest holding these shares. On the other hand, Consensus analysts suggest buying these shares on Trendlyne.